Optimal determination of purchaser's order quantity and producer's process mean.
Determination of optimum mean of the process characteristic is an important theme in quality improvement. Meanwhile, economic selection of order quantity is a key factor in inventory management since an inappropriate order quantity may result in unreasonably high inventory or stockout cost. In the p...
| Published in: | Journal of Applied Science and Engineering 15, 1 (2012). |
|---|---|
| Main Author: | |
| Format: | Article |
| Language: | English |
| Subjects: |